Blackstone Inc
Wall Street braced for a private credit meltdown. The risk of one is rising
Key Points Private credit has surged in popularity since post-financial crisis regulations discouraged banks from serving riskier borrowers. JPMorgan Chase CEO Jamie Dimon warned after a pair of private credit-backed companies declared bankruptcy that problems in credit are rarely isolated. Companies that are most linked to the asset class, such as Blue Owl Capital, as […]
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I was in the room when Trump addressed leaders in Davos. Here are my top takeaways
CNBC’s Spriha Srivastava stood in line for 90 minutes to be in the room to hear Trump speak at Davos. Spriha Srivastava | CNBC This week in Davos has been about many things: AI, geopolitics and markets. But President Donald Trump has been firmly at the front of everyone’s mind. His much-anticipated address at the World Economic Forum drew thousands, with […]
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No fear of ‘cockroaches’? Private credit funds raise billions as investors look past warnings
Wall Street, Manhattan, New York. Andrey Denisyuk | Moment | Getty Images Investor appetite for private credit remains undeterred even as warnings mount over looser loan approval and risk-assessment practices, as well as rising pockets of borrower stress. The troubles at First Brands Group last September became a flashpoint for critics of private credit after […]
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Trump’s proposed ban on buying single-family homes introduces uncertainty for family offices
Single-family homes in a residential neighborhood in Miramar, Florida, Oct. 27, 2022. Joe Raedle | Getty Images News | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Private investment […]
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Trump’s defense spending plans, Venezuelan oil, Ford’s eyes-off driving push and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. If you can’t already tell from reading this newsletter, I’m a big cliché user. So with the S&P 500‘s first losing day of the year, maybe traders can seek solace from the age-old saying: It’s a marathon, not a sprint. […]
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Trump says U.S. to ban large investors from buying homes
President Donald Trump said the U.S. should bar large institutional investors from buying single-family homes, arguing that corporate ownership has helped push housing further out of reach for everyday Americans. “For a very long time, buying and owning a home was considered the pinnacle of the American Dream. It was the reward for working hard, […]
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CNBC’s UK Exchange newsletter: From thoroughbreds to unicorns — how Britain’s startup sector is evolving
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch The U.K. government is pleased with how U.S. President Donald Trump’s historic second state visit went last week. In particular, there is satisfaction at the £150 billion ($203 billion) worth of investment decisions announced, even though some were already known […]
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Blackstone $135-billion bet on the U.K. is raising eyebrows
A package of investments from U.S. firms into the U.K. was unveiled during White House leader Donald Trump’s state visit to Britain, with Blackstone’s mysterious commitment now raising eyebrows. As the likes of Microsoft , OpenAI and Nvidia pledged to pump a collective $202 billion into the U.K. ., Blackstone promised the biggest individual investment. […]
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